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20121201
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. on to the fiscal cliff this morning. the president cutting his vacation short in hawaii. the president plans to leave for washington tonight. congress expected to return on thursday. president, guys, not expected to actually arrive in washington until tomorrow morning. no talks scheduled that we know of as of yet. all the attention's going to turn to the senate, which tends to be more of a compromising body than the house is. >> yes. and the president is available in person if you should want to go over there and visit with him. or perhaps if he wants to visit with anybody else. the consensus seems to be if you get some sort of a deal, it's obviously not going to be the big deal. it will simply be something that extends the tax cuts for the vast majority of americans, at least those earning less than $250,000 a year. the consensus seems to be, carl, that if we don't get a deal by the second or third or fourth week, the super bowl week, we'll start to feel it in the economy. >> we had a notable sell-off. there is typically a bias on christmas eve, but the worst christmas eve performance for t
, they talked very nicely to one of the passengers, probably offered him, i don't know what, flights to hawaii or something, just to accommodate me in first class. >> you automatically get up graded now? i mean, do you have to pay for first class? or is it all coach -- >> i buy first class because it's important for me to be comfortable with all the flying i do. like i said, people say oh, how can you do it? i fly first class, and united, by the way, they have cnbc, "squawk box," on the flight this morning. >> they do. >> yes, they do. quite a few flights that show your show. >> what do you mean you fly first class? you don't pay first class? >> i negotiate a rate because of the extreme amount of travel i do. >> does anyone really pay those first -- i mean -- >> people do. >> not as much. they -- obviously upgrades is a very popular commodity -- >> upgrade frequent flyers? >> you can upgrade with miles. you can copay. there's a lot of different ways to upgrade. the average flyer kind of ge gets -- kind of has been spoiled through, you know, before united went bankrupt -- >> spoiled? i don't th
of minutes. in the meantime -- >> they are gentlemen. >> in the meantime, the president is in hawaii on vacation. washington lawmakers are on holiday. there's still no deal to avoid the fiscal cliff. the deadline is a week away. hampton pearson is in washington on the stalemate. >> as early as the day after christmas, congress and the white house will have to start to deal with what president obama called the real consequences of going over that fiscal cliff. >> nobody can get 100% of what they want. and this is not simply a contest between parties in terms of who looks good and who doesn't. there are real world consequences to what we do here. >> a short-term deal won't just focus on tax rates. the end of the payroll tax cut and the impact of the hike in the minimum tax on january 1st. over the weekend, we did hear from some republican moderates who say it may in fact be time to make some kind of a move. >> the president's statement is right, no one wants taxes to go up on the middle class. i don't want them to go up on anybody. but i'm not in the majority in the united states senat
Search Results 0 to 2 of about 3